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Address Not Disclosed - MLS#22011396, Indianapolis, IN, 46201

$350,000

Home List Price

$4,156*

Closing Credit

0 Baths
Multi

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Address Not Disclosed$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1920
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
MLS #22011396
Lot Size0.11 Acres
StatusActive

About This Home

Discover this fantastic income-generating duplex in a charming historic neighborhood, only a short 10-minute drive from the heart of downtown Indianapolis. This turn-key property presents a prime opportunity for savvy investors or owner-occupants looking for a perfect house-hacking setup. With one unit currently vacant, you have the flexibility to choose your own tenant or move in yourself and enjoy additional income from the rented unit. This beautifully designed duplex features stunning curb appeal with classic architectural details that exude character. Both units offer spacious layouts with tasteful interior finishes, including hardwood floors, updated kitchens with modern appliances, and stylish bathrooms. Thoughtful touches throughout each unit create a warm and inviting atmosphere, making them highly desirable to tenants. Currently achieving excellent rental rates, this property is an ideal investment. With its attractive exterior, strategic location near downtown amenities, and an ideal setup for house hacking, this duplex is ready to own. Whether you're an investor, or looking to live in one unit while renting out the other, this property is a smart choice for building wealth through real estate.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Keller Williams Indy Metro S
  • Office Email: denisobrien.kw@gmail.com
  • Listing Agent: Denis O'Brien

Interior Features

Interior Information:

  • Basement: Yes

Virtual/3D Tour

  • Virtual Tour: Address Not Disclosed
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

This property vs Indianapolis

1 DAY ON ROCKET

-30 Days

$350,000

+$104.4K More

KEY TAKEAWAY

This property is $104.4K more than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22011396

Listing Office:

  • Office Name: Keller Williams Indy Metro S
  • Office Email: denisobrien.kw@gmail.com
  • Listing Agent: Denis O'Brien

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-616368
4
/10
  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 0.17 miles

  • Public District Grades PK-6

school-card-donut-616369
3
/10
  • Brookside Elementary School 54

  • 3150 E 10th St

  • 0.54 miles

  • Public District Grades KG-6

school-card-donut-616370
4
/10
  • Theodore Potter Magnet Elementary School 74

  • 1601 E 10th St

  • 0.64 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,786. Most Indianapolis, IN residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis46201Address Not Disclosed

This home, which was built in 1920, sits on a 0.11 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $350,000.

Over 170 listings were sold over their listed price in October 2024 in Indianapolis, IN. In the same period over 519 listings were sold below the listed price and 256 listings were sold for the listed price. Between September 2024 and October 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $245,515.

From Rocket Homes Real Estate and based on county public records data.

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